What is the outlook for corn?

Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: A field of corn is shown in Mill Hill, Pa., on Aug. 29, 2023.Gene J. Puskar/The Associated Press Corn is the most actively traded and consumed agricultural product in the world and its price is driven by expected supply and demand. Corn futures are traded on the Chicago Board of Trade. Let’s dig in to this commodity a bit more using Canadian, U.S. and global perspectives. Supply/demand The global corn market is dominated by a few key countries. The United States accounts for 30 to 35 per cent of global annual production followed by China...